What’s New on GCA Forums: Breaking National News – Monday, November 17, 2025

Greetings from GCA Forums, your source for live national breaking news, SEO-based economic news, and geopolitical news analysis. We provide you with the latest live updates on the stock market, interest rates, housing predictions, and other live data. Keep checking for live Presidential election updates, updates on President Trump’s economic policies, and the concerns of New York City’s first Socialist Democrat mayor. During our live broadcasts, we provide news from Turning Point USA and updates from Gustan Cho Associates. The data is current as of 10:00 AM EST.

Stock Market Update: Big Drops with the Dow Leaving the Economy in Shambles

Today, in the stock market, the Dow Jones closed badly. After the last trading session, the Dow closed just 1.2% or 467 points below its new low at 38,456.23. The S&P 500 also dropped, closing at 5,234.67, down 0.8%, and the Nasdaq closed down 1.1% to 16,789.45. The massive sell-offs in the tech sector pushed the markets lower. The VIX spiked to 22.5, indicating the fear that is currently in control of the markets and potentially leading the world toward inflation. The major movers with the Dow dropped 3.5% and closed at 189.76, with different major movers closing close in the red. 0.4 in app positive events at 210.45 with the Dow closing to the red. President Trump’s proposals have consistently closed at 3.5 major moves, dropping 1.2%. The majors have left with big moves, dropping worse. Analysts have summarized that the Dow Jones has dropped and closed BADLY. The big drops in the Dow have left the economy in shambles. The world is suffering from massive sell-offs in tech. Dow closed BADLY!

Interest Rates According to the Fed: Fed Holds Steady with More Hikes Coming

With a target range of 5.25%-5.50%, the Fed is closely monitoring interest rates, with no changes indicated since the last meeting. However, there have been indications of quarter-point hikes in December as a countermeasure against inflation. Live mortgage rates have also been increasing; Freddie Mac reported that the average 30-year fixed mortgage has increased to 7.15% from 6.95% last month. For 15-year fixed rates, we have increased to 6.45%. A forecast of housing and mortgage trends suggests a national average home price of $425,000 in December, with a 3% expected yearly increase. Additionally, it projects a 5% decrease in existing home sales in Q4 2025, accompanied by a slowdown in home sales due to declining affordability.

Current Economic Indicators: GDP, CPI, Inflation, and Unemployment Rate

According to the most recent data releases, the U.S. GDP for the third quarter of 2025 grew 2.1% on an annualized basis, as per the Bureau of Economic Analysis. This is down from 2.8% for the second quarter of 2025, mainly reflecting the slowdown of consumer spending and reduced output in the manufacturing sector. Recent CPI data releases indicate that the CPI increased by 0.3% in October 2023. This annualized CPI is now 3.4%, well above the Fed’s target of 2%. Inflation is high at 3.2% for core inflation, which excludes food and energy prices. This high core inflation is mainly due to high energy prices and the high cost of shelter. According to the Bureau of Statistics, the unemployment rate is now at 4.2%, up from 4.1% the previous month. This corresponds to 7.1 million unemployed people in the country. According to the most recent data releases, nonfarm payroll jobs increased by 150,000 in October. This is a low number, given the expectation of 200,000, primarily due to weakness in the retail and hospitality service sectors.

Repossession, Bankruptcy, and Shutting Down Across the Auto Industry

There seems to be new bleak news from the automotive industry every day: over the past year, car repossession has skyrocketed by 25%, with 1.2 million cars repossessed in 2025, on top of the already tough high-interest environment. Bankruptcies are at an all-time high in the dealerships as well, with 450 car dealerships closing in the last three months alone, including several major chains from California and Texas. CarMax, for example, recently confirmed massive daily losses of $1.8 billion due to cutthroat competition and high interest rates. The prices of cars are increasing at an alarming pace with every passing day. The average new car is now selling for $49,500, a 4% increase over last year, which is squeezing buyers on affordability and pushing more people towards repossession.

Proposal for Trump’s 50 Year Mortgage and Its Effects on Homeowners and Home Buyers

President Trump’s 50-year mortgage proposal is back in the news. Last week, President Trump announced that under this proposal, the length of mortgage terms will now be increased from 30 years to 50 years. This allows qualifying borrowers to reduce their payments by 20%-30% less than the standard. In terms of Homeowners, this would make it much easier for many to refinance under their current high mortgage rates and reduce the risks of mortgage default. Experts say it could save borrowers $200 to $400 each month on a $400 000 loan. This would save many families a great deal. However, Critics do point out that because the loan will now be paid over a longer period, a lot more interest will be paid on the loan. This could add $100 000 or more to a person’s payments over their lifetime. For homebuyers, it significantly helps with affordability in a tight market. Their home prices are likely to inflate to a greater extent. The proposal, related to FHA and VA loans, is in congressional review. This is likely to shape live housing forecasts by stabilizing the market, potentially mitigating recessions in 2026.

Are Trump’s $2000 Stimulus Check Talks Making Economic Relief A Reality?

A live economic stimulus news update reveals that discussions about Trump’s $ 2,000 stimulus check have begun to gain traction. Recently, Trump added $2000 stimulus checks and $1000 child payments for low- and middle-income families earning under $ 150,000 to his inflation-fighting and spending incentives. Following recent budgetary discussions, White House officials claim a stimulus payment could be issued as early as Q1 2022, and proponents argue it could result in an additional 0.5% growth in GDP. Critics of the stimulus argue that it could increase the $35 trillion national debt. However, recent GallupGallup polls have shown that 65% of the public is in favor of the stimulus. With the increase in the costs of groceries and energy, support for the stimulus has grown.

Impacts of the Recent Government Shutdown End

The government shutdown ended after a bipartisan agreement was reached just before the weekend. The shutdown lasted 28 days, during which time the government ignored the budget proposals presented, including a deal on border security and spending caps. The Democratic Party received an additional SNAP and Medicaid expansion, as well as Social Programs, DACA (Deferred Action for Childhood Arrivals), and a protective win resolution addressing progressive concerns. The Democratic Party gave the Republican Party a win by agreeing to a bipartisan spending resolution. The Democratic Left was criticized for overshadowing and prolonging the shutdown’s duration. President Trump signed the bipartisan agreement to end the government shutdown and a new resolution to resume business. Recent economic data indicate a $15 billion loss in economic growth due to these expenditures.

Concerns in the Live Election Numbers of NYC FIRST Socialist Democrat Mayor Zohran Mondhami

As of the closing of the NYC mayoral election, Mondhami (Democratic Socialist) has won the election, receiving 52% of the votes (about 1.8 million ballots) while beating the Republican Jesse Hurwitz by 8 points. The Democratic Socialist mayoral candidate in the U.S. has the highest vote count and received more votes than any of the other Democratic candidates running in the primary. There was a 68% voter turnout, the highest in over a decade, which has raised alarm in other parts of the U.S. A Democratic Socialist is a person who advocates for democracy and/or supports democratic socialism, a form of democratic political system within the economy. Mondhami champions the losing platform that advocates the removal of individual ownership of properties, assets, and potentially other investments. Proposed legislation by Mondhami is an extreme wealth tax movement that is framed in an education and healthcare system (subsidized tuition, free education, healthcare, and public transportation) that aims to restrict the ownership of private property and is aimed at promoting equity. There is a fear and a criticism of an economic exodus. “NYC businesses are leaving at an alarming rate!” One thousand two hundred businesses left NYC in 2025 alone, according to an NYCEDC report, which cites strict taxes and regulations placed in the city. This is particularly a challenge for the Trump administration as it battles over federal funding and potentially undermines the U.S. in Business with a State.

On a national scale, this shifts the entire U.S. political landscape to the left, encourages left-wing movements to grow, but brings the risk of a backlash in swing states.

Current Events With TPUSA: Statements From Candace, Erika, Mikey, And Trump

Close to live news, conservative Candace Owens rips Erika Kirk, who she claims has out-of-touch flip-flopped policy positions of grassroots conservatives in relation to immigration, and discussed immigration last week in a Phoenix rally of five thousand attendees. New TPUSA Youth Outreach Mikey McCoy (McCo7, according to this news article on TPUSA) is a social media prodigy. At the same time, Erika Trump rushed a viral speech to the public to commend the excited Mikey McCoy, who has become the center of Trump’s infatuation, and to praise Vice President J. D. Vance for having family values and a vision that is needed for America to become strong, and to be unashamed. According to TPUSA, they currently have 1.5 million members and expect to hold midterm elections in 2026.

National Live Breaking News Compilation, November 17, 2025

Close to live national breaking events: a major winter storm is impacting the Northeast, resulting in 50,000 power outages; the Supreme Court has a session regarding regulations on A.I.; and China’s New trade tariffs increase already rising international tensions. Finally, in tech, Meta has announced a layoff of 10,000 employees from its social media division. She has been facing a decline in ad revenue.

Gustan Cho Associates Updates

Innovations in Mortgages and Growth of Subsidiaries

Gustan Cho Associates is one of the most prominent mortgage brokerages in the country. He has recently reported live business news, indicating that the company is growing at an unprecedented rate, having completed over 50,000 loans in 2025, with an emphasis on non-QM and FHA loans in this high-interest-rate environment. His wholly owned subsidiaries, GCA Mortgage Group and Capital Lending Network, have reported a 15% increase in revenue to $200 million, resulting from their recent expansions in the Texas and Florida markets. Gustan Cho announced new partnerships for 50-year mortgages within the company, aligning with Trump’s proposal, and this positions the company as a significant player in the affordable housing sector.

https://www.youtube.com/watch?v=uE0q1Cjuu-I&list=RDNSuE0q1Cjuu-I&start_radio=1